Cost of revenue · 2021–2025

Keel Infrastructure cost of revenue

$248M+66.4% · FY2025

Keel Infrastructure (KEEL) reported $248M in cost of revenue for fiscal 2025, +66.4% year on year.

$58.4M2021$132M2022$144M2023$149M2024$248M2025
Keel Infrastructure — Cost of revenue, 2021–2025
Fiscal yearCost of revenueChangeFiling
FY20252025-12-31$248M+66.4%Open →
FY20242024-12-31$149M+3.5%Open →
FY20232023-12-31$144M+9.3%Open →
FY20222022-12-31$132M+126.0%Open →
FY20212021-12-31$58.4M—Open →

Cost of revenue — Cost of revenue is the direct cost of producing what the company sold — materials, manufacturing and the labour tied to delivery. It excludes sales, marketing and administration. Revenue minus this figure is gross profit.

Every row links to its own SEC filing · Fiscal year 2025 · Data as of September 25, 2026 · 2021–2025 compound annual growth +43.6%

Cost of revenue at companies of similar size

Cite this page

Ready-made references for the figures on this page, as published on September 25, 2026.

Wikipedia

{{cite web |title=Keel Infrastructure cost of revenue |url=https://companiesranked.com/en/company/keel-infrastructure/cost-of-revenue |website=CompaniesRanked |date=2026-09-25 |language=en}}

APA 7

CompaniesRanked. (September 25, 2026). Keel Infrastructure cost of revenue. CompaniesRanked. https://companiesranked.com/en/company/keel-infrastructure/cost-of-revenue

BibTeX

@misc{companiesranked-en-company-keel-infrastructure-cost-of-revenue-2026,
  author       = {{CompaniesRanked}},
  title        = {{Keel Infrastructure cost of revenue}},
  year         = {2026},
  howpublished = {\url{https://companiesranked.com/en/company/keel-infrastructure/cost-of-revenue}},
  note         = {Compiled from SEC EDGAR XBRL filings; data as of 2026-09-25},
  urldate      = {2026-09-25}
}

The filing itself

The numbers above are read from this document: 10-K · 0001213900-26-037514 · March 31, 2026

{{cite web |title=Keel Infrastructure cost of revenue — 10-K (0001213900-26-037514) |url=https://www.sec.gov/Archives/edgar/data/1812477/000121390026037514/ea0282809-10k_bitfarms.htm |website=SEC EDGAR |publisher=U.S. Securities and Exchange Commission |date=2026-03-31}}

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